only better dynamic range on highlight but not shadow... i am too young to know about those type of camera, but talking about latitude, film can handle much more better than digital camera. for example: tri-x - about 9 stops and plus-x - about seven stops, which means that you can pull it back within that given range... but for shadow, digital will win on this perpective... that is the reason why:

1. for film, we should expose for shadow2. for digital, we should expose for highlight

i am still learning by myself by picking people brains, no schools or paid workshops/tutors feel free to correct me as if i am wrong. in that case, i can learn more

1. for film, we should expose for shadow2. for digital, we should expose for highlight

For negative film, yes and for B&W negative film the saying is expose for the shadows and develop for the highlights. Color positive film is exposed for the highlights.

yes and no... BW film, expose for shadow... Color film, expose for shadow... Color Slides, expose for highlights... Negative film was naturally clear once developed and you burned on the exposure, hence the shadows that so important... slide film was naturally black once developed, so highlights was more important.

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Canon 5d III, Canon 24-105L, Canon 17-40L, Canon 70-200 F4L, Canon 100L 2.8, Canon 85 1.8, 430EX 2's and a lot of bumps along the road to get to where I am.

1. for film, we should expose for shadow2. for digital, we should expose for highlight

For negative film, yes and for B&W negative film the saying is expose for the shadows and develop for the highlights. Color positive film is exposed for the highlights.

yes and no... BW film, expose for shadow... Color film, expose for shadow... Color Slides, expose for highlights... Negative film was naturally clear once developed and you burned on the exposure, hence the shadows that so important... slide film was naturally black once developed, so highlights was more important.

I'm not sure where you are getting that information from but it's completely off base. Whether the film is black or clear after processing has no relevance to exposing film. The reason you expose chrome film for the highlights is because it has no tolerance. If it is overexposed the highlights are blown and nothing is bringing them back.

Color film benefits from overexposure by reducing grain and providing better color.

B&W film benefits from overexposure by providing better shadow detail and texture. By controlling development you create better separation in the highlight areas.